MFA Wealth Advisors LLC Boosts Holdings in Meta Platforms, Inc. $META

Key Points

• MFA Wealth Advisors increased its Meta stake by 1,748.3% in the second quarter, ending with 11,108 shares valued at approximately $6.26 million. Institutional investors collectively own nearly 80% of Meta’s outstanding stock.
• Meta reported quarterly revenue of $60.8 billion, up 28% year over year and above estimates, but earnings of $6.18 per share missed consensus by $1.01. The stock opened at $578.85, below its 50-day and 200-day moving averages.
• Analysts maintain a generally positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $785.32. Meta also pays a quarterly dividend of $0.525 per share, while insiders have sold more than $23.4 million of stock over the past three months.

MFA Wealth Advisors LLC grew its stake in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 1,748.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,108 shares of the social networking company's stock after purchasing an additional 10,507 shares during the quarter. Meta Platforms makes up 1.1% of MFA Wealth Advisors LLC's holdings, making the stock its 19th biggest position. MFA Wealth Advisors LLC's holdings in Meta Platforms were worth $6,257,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Ashton Thomas Securities LLC increased its position in Meta Platforms by 17.4% during the 1st quarter. Ashton Thomas Securities LLC now owns 18,000 shares of the social networking company's stock valued at $10,299,000 after purchasing an additional 2,670 shares during the period. Keybank National Association OH lifted its position in shares of Meta Platforms by 15.7% in the 4th quarter. Keybank National Association OH now owns 133,798 shares of the social networking company's stock worth $88,319,000 after purchasing an additional 18,169 shares during the period. WMS Group LLC bought a new stake in shares of Meta Platforms in the 4th quarter valued at $876,000. Consolidated Investment Group LLC boosted its stake in shares of Meta Platforms by 61.2% in the 4th quarter. Consolidated Investment Group LLC now owns 7,900 shares of the social networking company's stock valued at $5,215,000 after purchasing an additional 3,000 shares during the last quarter. Finally, Vanguard Group Inc. increased its position in shares of Meta Platforms by 3.8% during the fourth quarter. Vanguard Group Inc. now owns 199,995,630 shares of the social networking company's stock worth $132,015,115,000 after buying an additional 7,269,279 shares during the period. Hedge funds and other institutional investors own 79.91% of the company's stock.

Meta Platforms Stock Performance

NASDAQ META opened at $578.85 on Thursday. The company has a market cap of $1.47 trillion, a P/E ratio of 21.80, a PEG ratio of 1.02 and a beta of 1.25. The company has a fifty day simple moving average of $596.66 and a 200 day simple moving average of $621.07. The company has a current ratio of 2.23, a quick ratio of 2.23 and a debt-to-equity ratio of 0.32. Meta Platforms, Inc. has a 12-month low of $520.26 and a 12-month high of $796.25.

Meta Platforms (NASDAQ:META - Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The social networking company reported $6.18 earnings per share for the quarter, missing analysts' consensus estimates of $7.19 by ($1.01). Meta Platforms had a net margin of 29.83% and a return on equity of 33.18%. The business had revenue of $60.80 billion during the quarter, compared to the consensus estimate of $60.22 billion. During the same period last year, the business posted $7.14 earnings per share. The firm's quarterly revenue was up 28.0% on a year-over-year basis. Sell-side analysts predict that Meta Platforms, Inc. will post 28.5 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 15th were issued a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend was Monday, June 15th. Meta Platforms's payout ratio is currently 7.91%.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on META. Erste Group Bank raised shares of Meta Platforms from a "hold" rating to a "buy" rating in a research note on Tuesday, July 7th. Cantor Fitzgerald decreased their price target on Meta Platforms from $770.00 to $680.00 and set an "overweight" rating for the company in a report on Thursday, July 30th. TD Cowen lowered their price objective on Meta Platforms from $800.00 to $750.00 and set a "buy" rating for the company in a research report on Thursday, July 30th. Stifel Nicolaus dropped their price objective on Meta Platforms from $805.00 to $780.00 and set a "buy" rating on the stock in a research note on Friday, May 1st. Finally, Benchmark started coverage on Meta Platforms in a research report on Tuesday, June 2nd. They set a "buy" rating on the stock. Four investment analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating and eight have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Meta Platforms has an average rating of "Moderate Buy" and a consensus price target of $785.32.

Insider Activity at Meta Platforms

In other news, COO Javier Olivan sold 1,258 shares of the firm's stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $600.00, for a total value of $754,800.00. Following the transaction, the chief operating officer owned 1,517 shares in the company, valued at $910,200. This trade represents a 45.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Robert M. Kimmitt sold 500 shares of Meta Platforms stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $561.56, for a total value of $280,780.00. Following the transaction, the director directly owned 2,943 shares in the company, valued at approximately $1,652,671.08. The trade was a 14.52% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 38,407 shares of company stock valued at $23,391,097. Company insiders own 13.53% of the company's stock.

Meta Platforms News Summary

Here are the key news stories impacting Meta Platforms this week:

• Positive Sentiment: Meta officially launched its standalone Facebook Creator Studio app for iOS, offering creators AI-generated growth advice and community-management tools. The rollout could support engagement, creator retention and future monetization. Facebook officially rolls out its standalone Creator Studio app with AI tools for creators
• Positive Sentiment: Meta and Nvidia released open-weight AI models as U.S. technology companies seek to compete with Chinese labs. Meta’s open-source strategy may accelerate adoption, improve its advertising products and challenge higher-cost AI rivals. Meta and Nvidia plant very firm flag in open-weight AI race
• Positive Sentiment: Several analysts continue to cite Meta’s strong advertising business, AI-driven improvements in ad conversions and long-term AI optionality. The consensus price target remains substantially above the recent trading level, providing a potential valuation support. The Market Shaved 10% Off Meta Over a Month
• Neutral Sentiment: Meta’s planned acquisition of Chinese AI startup Manus is being unwound after regulatory pressure, with Manus returning to independent operations. The development limits Meta’s acquisition strategy but removes uncertainty surrounding the transaction. AI startup Manus to resume independent operations as deal with Meta unwinds
• Negative Sentiment: A German advocacy group filed a criminal complaint alleging that Meta’s AI smart glasses violate privacy laws. The complaint adds regulatory risk to Meta’s growing hardware and wearable-AI strategy. German advocacy group lodges criminal complaint over Meta AI glasses
• Negative Sentiment: Meta began trial proceedings against claims from 29 U.S. states that Facebook and Instagram were designed to be addictive to children. A loss could result in significant damages, platform changes and thousands of additional lawsuits. Meta, 29 states head to court in youth social media litigation
• Negative Sentiment: Investors remain concerned that AI infrastructure spending of up to $145 billion in 2026 is compressing margins and free cash flow. Recent commentary also highlighted weaker technical momentum, leaving META more vulnerable to selling pressure. Meta Q2: Strong Growth, But The AI Bill Is Becoming Hard To Ignore

Meta Platforms Profile

Meta Platforms, Inc NASDAQ: META, formerly Facebook, Inc, is a global technology company best known for building social networking services and immersive computing platforms. Founded in 2004 and headquartered in Menlo Park, California, the company operates a family of consumer-facing products and services that connect users, creators and businesses. In October 2021 the company rebranded as Meta to reflect an expanded strategic focus on augmented and virtual reality technologies alongside its social media businesses.

Meta's core consumer products include Facebook, Instagram, WhatsApp and Messenger, which enable social networking, messaging, content sharing and community building across mobile and desktop devices.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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